U.S. designates tech giant Tencent as Chinese military company

The U.S. Defense Department said Monday it had added Tencent Holdings Ltd., a Chinese tech giant known for its WeChat messaging app, to a list of dozens of companies it believes to be working with China's military.Other Chinese companies added to the list include Contemporary Amperex Technology Co., or CATL, the world's largest manufacturer of batteries for electric vehicles, and ChangXin Memory Technologies Inc.The department believes China's "military-civil fusion strategy" has helped modernize the People's Liberation Army. The new notice is due to be formally published Tuesday.Both Tence…READ FULL ARTICLE